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Q25. Consider the following statements: 1. Hot money is the flow of funds (or capital) from one country to another in order to earn a short-term profit. 2. These speculative capital flows are called ‘Hot money’ because they can move very quickly in and out of markets. Which of the above statements are correct? |
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Answer» Q25. Consider the following statements: 1. Hot money is the flow of funds (or capital) from one country to another in order to earn a short-term profit. 2. These speculative capital flows are called ‘Hot money’ because they can move very quickly in and out of markets. Which of the above statements are correct? |
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